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When it comes to providing for our retirement, many people do too little too late. Putting away even a small sum early on can make a big difference to the lifestyle you will enjoy when you retire. The golden rule for most people is not to rely on the State alone. Modern pensions enjoy advantageous tax breaks  and nowadays you can even contribute to your pension when you don't work!

Pension Planning

There are a number of tax efficient ways of providing for a comfortable retirement. The area is complex and choosing the right vehicle requires a detailed understanding of, amongst other things, your past, present and expected family circumstances, tax status, employment status and any other savings or investments.

The types of pension available include the following - although you may not qualify for all of them, and others might be unsuitable for your situation:

• Stakeholder pension
• Personal pension plans 
• Group personal pension schemes 
• Executive Personal pension
• Employer-sponsored pension schemes
• Self invested personal pension schemes
• Small self administered schemes

If you would like a 'no obligation' chat about your pension aspirations or concerns, call us on 020 7537 6930.